cryptd.in

LinkedIn alternativ pentru talentele cripto-friendly

Pi Network’s PI Shows Resilience After Recent Crash as Bitcoin Eyes $64K: Weekend Watch

Bitcoin’s price dipped once again on Friday on schedule but managed to rebound almost immediately, and it’s now challenging $64,000 once again.

Most larger-cap alts have remained sideways on a daily scale, with minor gains from ETH, XRP, and SOL. ADA has risen the most from this cohort of crypto assets.

BTC Bounces Toward $64K

The business week began with an expected nosedive for the largest cryptocurrency, which went from roughly $64,000, where it spent most of the previous weekend, to under $62,000 as the market priced in the latest attacks in the Middle East. Strategy then made a no-buy and no-sale announcement, which left BTC unfazed, and all eyes turned on the US CPI on Tuesday.

Although many expected inflation had cooled to around 3.8%-3.9%, the reality was even more promising: a decline to 3.5%. Bitcoin’s price reacted immediately as the asset soared from the aforementioned low to a three-week peak of $65,500 by Wednesday. However, it was rejected there and, as it happened on many previous Fridays, it dropped by a few grand on that day.

The bulls finally intervened after bitcoin had dipped to $62,400 and didn’t allow another leg down. Instead, the cryptocurrency bounced to $64,400 earlier this morning, where it was stopped, and now fights for $64,000 as analysts expect major volatility soon.

Its market capitalization remains above $1.280 trillion on CG, while its dominance over the alts stands still at 56.5%.

BTCUSD July 18. Source: TradingView
BTCUSD July 18. Source: TradingView

PI, VVV, CRO on the Run

As mentioned above, most larger-cap alts stand relatively still today. ETH, XRP, SOL, HYPE, DOGE, ZEC, and XLM are slightly in the green, while BNB, TRX, and RAIN have marked insignificant losses.

Cardano’s native token is up by over 4.5% and now trades above $0.165. CRO continues its rise after the recent $400 million investment in the exchange behind it, rising by over 5%.

Pi Network’s volatile rollercoaster continues today. After charting fresh all-time lows in the past week, PI has rebounded swiftly from the $0.07 support and now trades above $0.08 after an 8% daily increase.

The total crypto market cap has added around $30 billion in a day and stands above $2.270 trillion on CG now.

Cryptocurrency Market Overview July 18. Source: QuantifyCrypto
Cryptocurrency Market Overview July 18. Source: QuantifyCrypto

 

Postul Pi Network’s PI Shows Resilience After Recent Crash as Bitcoin Eyes $64K: Weekend Watch a apărut prima dată pe CryptoPotato.


Comentarii

Lasă un răspuns

Adresa ta de email nu va fi publicată. Câmpurile obligatorii sunt marcate cu *

Ultimele fluxuri

Categorii populare

Căutați pe site

Povești populare

Etichete

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElecție (1) #BinanceVsCoinbase (1) #Bitcoin (453) #BitcoinETF (3) #BitcoinFundamente (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCachiziție (1) #BullishPrediction (1) #BullishSentiment (1) #CincianăMiniere (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPrediciuni (1) #CryptoReglementare (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoIncertitudine (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolumele (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Fimpact financiar (1) #FinanciarPrivire privată (1) #FirmShutdown (1) #F Contul înghețat (1) #IllicitFunds (1) #InflationData (1) 1TP5Investiții (1) 1TP5Pierdere din investiții (1) #JaponezăFirmă (1) #Acțiune juridică (1) #Impact juridic (1) #Legislație (1) #LightningNetwork (1) #MAnaliză de piață (3) #MMonitorizare de piață (1) #MPredicție de piață (1) #MPrediciții de piață (1) #Mproiecție de piață (1) #MarketSupport (1) #MVolatilitatea pieței (1) #MCăsătorie (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitabilitate (1) #MSpălare de bani (2) #MtGox (4) #N Coreea de NordCrypto (1) #NovogratzPredicție (1) #PriceMilestone (1) #PPrețPredicție (2) #Price Întrebare (1) #PriceSurge (1) #PrisonSentință (1) #QuantAnalysis (1) #ReglementarePresiune (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #TAnaliză tehnică (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotențial (1) #USCongresul (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Link-uri utile

Link-uri pe care le-am găsit utile și pe care am dorit să le împărtășesc.